planning economic development & five year plans section 8 MCQ Questions & Answers Detailed Explanation
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The following question based on Planning, Economic Development & Five year Plans topic of indian economy mcq
- The plan holiday was declared for three years as there was discontinuity in the planning process.
- Plan period was from 1965-1968
(a) 1 only
(b) 1 and 2
(c) 2 only
(d) 1 and 3
The correct answers to the above question in:
Answer: (a)
After the disastrous experience of the Third Plan, a plan holiday was declared for three years. This period was named as Plan Holiday as there was discontinuity in the planning process. Gap in Plan Period (1966-69)
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Read more planning economic development five year plans Based Indian Economy Questions and Answers
Question : 1
What is the growth rate aimed at in the Eighth Five Year Plan?
a) 7%
b) 5.6%
c) 6.5%
d) 6%
Answer »Answer: (b)
Question : 2
The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following?
- Deprivation of education, health, assets and services at household level.
- Purchasing power parity at national level.
- Extent of budget deficit and GDP growth rate at national level.
a) 1 only
b) 1 and 3
c) 2 and 3
d) 1, 2 and 3
Answer »Answer: (a)
Deprivation of education, health, assets and services at household level
Question : 3
The Rolling plan concept in National planning was introduced by
a) The Janta Party Government
b) The National Front Government
c) Indira Gandhi Government
d) Rajiv Gandhi Government
Answer »Answer: (a)
The Rolling plan concept in National planning was introduced by the Janata Party government. The fifth FYP was launched and planned for the period 1974–79 but the Janata government came in power in 1978 and ended the plan prematurely in 1978.
The Janata government launched the sixth FYP for the period 1978–1983. Congress government when came into power in 1980 abandoned the sixth FYP and launched a new sixth FYP for the period 1980–1985. The plan for the period, 1978–80, is called the rolling plan.
Question : 4
Which plan emphasised optimum utilisation of capacities, improvement in productivity and establishment of sunrise industries”?
a) Sixth Plan
b) Fifth Plan
c) Seventh plan
d) Second Plan
Answer »Answer: (a)
Question : 5
Consider the following statements :
- In the 11th Five Year Plan, the growth rate of the agriculture sector was above 4%.
- In the 11th Five Year Plan, the agriculture sector contributed more than 25% to the overall GDP of India.
a) only 2
b) Both 1 and 2
c) only 1
d) Neither 1 nor 2
Answer »Answer: (d)
In the 11th Five Year Plan, the growth rate of the agriculture sector was 3.3% and the agriculture sector contributed 15.2 % to the overall GDP of the country.
Thus Both the given statements regarding the 11th Five Year Plan are not correct.
Question : 6
Which one of the following Five year plans of Indian Economy was terminated by the Janata Government?
a) Fifth Five Year Plan
b) Seventh Five Year Plan
c) Fourth Five Year Plan
d) Eighth Five Year Plan
Answer »Answer: (a)
The fifth FYP was launched and planned for the period 1974-79 but the Janata government came in power in 1978 and ended the plan prematurely in 1978. The Janata government launched the sixth FYP for the period 1978-1983.
Congress government when came into power in 1980 abandoned the sixth FYP and launched a new sixth FYP for the period 1980-1985.
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